From the perspective of the weekly chart structure, it belongs to the neckline structure of the second retest head and shoulders bottom. Currently, there is still no solid breakthrough, and after a sharp decline in the past few weeks, it has continued to form doji stars and is at the lower Bollinger band on the weekly chart. It appears that there is buying interest in the market. As long as a medium positive candle is formed on the weekly chart in the near future, it can confirm that this is a short-term bottom. On the daily chart, after a long lower shadow candle, it has been oscillating at a low level. Last week's market news was quickly digested and returned to the previous oscillation range. However, there were two unsuccessful attempts to break below 25000, and it quickly rebounded after a brief probe. This has already filled the gap near the previous low, so personally, I expect there to be an upward cycle in the short term. Therefore, we will continue to hold long positions from 25000 to 25500. First, look at the vicinity of 27200. If it holds, then look at the vicinity of 28300. Basically, this week and next week will definitely be an upward cycle!
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